Tech Company Financing Transactions
Transfr Funding Round
Transfr secured a $40 million Series C funding round on 9/28/2023. Backers included ABS Capital Partners, Akkadian Ventures and Album VC.
Transaction Overview
Company Name
Announced On
9/28/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
ABS Capital Partners (Lead Investor) (Jennifer Krusius)
Proceeds Purpose
The company intends to use the funds to further build out its executive leadership team and scale its platform and impact, developing new training simulations that cover a wider range of skills and scenarios, as well as to enhance existing ones with more features, including offering training in Spanish.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
333 W 39th Street, 802
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Overview
Transfr is building classroom-to-career pathways for millions of workers who will be the future of every industry via hands-on training using immersive technologies and in partnership with schools, businesses, and governments. Transfr's mission is to train the future of every industry and open up exciting new opportunities for talent across the globe and at home.We train people for well-paying careers available now in high-demand fields, enabling learners to find job security and upward mobility, facilitated by immersive, hands-on VR training.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bharanidharan Rajakumar
Chief Technical Officer
Fabien Chazot
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